livewithinyourmemes@lemmy.world to Political Memes@lemmy.world · 2 years agoThe Hardest Thing in the Worldlemmy.worldimagemessage-square75fedilinkarrow-up1977arrow-down137
arrow-up1940arrow-down1imageThe Hardest Thing in the Worldlemmy.worldlivewithinyourmemes@lemmy.world to Political Memes@lemmy.world · 2 years agomessage-square75fedilink
minus-squareChetzemoka@kbin.sociallinkfedilinkarrow-up16·2 years agoThere’s actually a stunning amount of simple hoarding of cash. It’s a major contributor to economic stagnation: https://psmag.com/economics/one-percent-stop-hoarding-much-cash-84996 https://insight.kellogg.northwestern.edu/article/companies-hoarding-cash https://pitchforkeconomics.com/episode/the-velocity-of-money-with-ann-pettifor/
minus-squarePugJesus@kbin.sociallinkfedilinkarrow-up8arrow-down1·2 years ago[me having a flashback to 2015 when I argued that low velocity of money was going to be a major killer of Western economies if nothing changed] GOD I HATE BEING RIGHT
There’s actually a stunning amount of simple hoarding of cash. It’s a major contributor to economic stagnation:
https://psmag.com/economics/one-percent-stop-hoarding-much-cash-84996
https://insight.kellogg.northwestern.edu/article/companies-hoarding-cash
https://pitchforkeconomics.com/episode/the-velocity-of-money-with-ann-pettifor/
[me having a flashback to 2015 when I argued that low velocity of money was going to be a major killer of Western economies if nothing changed]
GOD I HATE BEING RIGHT